getrichdietrying (83.56)

Share your RL trades and get paid.

0

I came across this site while researching something else and it is a great boon for those fools who manage their own accounts that are making great returns. Check it out. It pays you to let others follow your trades. You don't have to be RIA (Registered Investment Advisor) or a mutual fund but you get paid like one through the subscribers who follow your investments. Fees per subscriber range from .5% to 2.5%. You decide the minimum investment your willing to accept for someone to follow you. You share the management fee with the provider who is registered with SEC in all requirements. That's it! So if some fool here has a private account and is making excellent returns this can help you earn more money just for sharing your trades that you make. They do not require you to move your account from where your happy now. Anyways this is an opportunity I thought I share with all of you.

getrich..... Covestor is good route if you are into managing other people's money - it has the baggage that teacherman mentions - because its like running a mutual fund. Also the IB route makes 10K minimum.

BTW - there's a capster who runs a Covestor portfolio- Tiger , Tigerpack, Tigerpackfund etc. He can provide more details.

His covestor profile is Quantemonics.

The other alternative is Collective2 - where you "sell a system" ie just the trades/signals - and the subscriber has a choice of following or not following - better insulation against the Teacherman problems. Except I dont know how you get around - the investment advice bit.